Originally Posted by pornask

This is definitely not the case of Alberta where economic boom's been causing the prices of houses go up like never before. It's been growing steadily for past 3 years, but now it's at the pace of $500 a day. That means that any house you could have bought today will cost you $150 000 more next year. And it just keeps growing like that. Sad part is - powerful economy makes way too many people move in, which causes lack of places to stay so rent is astronomically high. Sucks for me who doesn't own a house